Shaftesbury and CapCo’s £3.5bn merger has moved closer after the Competition and Markets Authority gave it the all-clear.
The authority said the proposed deal will not be referred to a phase-two investigation.
The decision allows the two West End landlords to push ahead with their tie-up, which they hope to close within weeks.
CapCo said the deal is now expected to complete on 6 March, with shares in the combined Shaftesbury Capital trading from the following day.
The companies announced plans for the deal in May 2022. The CMA confirmed in December that it was investigating the transaction.
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